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Tertiary Minerals ( (GB:TYM) ) has shared an announcement.
Tertiary Minerals plc announced that its directors, including Managing Director Richard Belcher and Executive Chairman Patrick Cheetham, have purchased additional shares in the company. This move increases the board’s total shareholding to 4.08% of the issued share capital, potentially signaling confidence in the company’s strategic direction and future prospects.
Spark’s Take on GB:TYM Stock
According to Spark, TipRanks’ AI Analyst, GB:TYM is a Neutral.
The overall stock score of 53 reflects a company in a challenging financial situation with consistent losses and negative cash flows. However, its strong equity position and promising exploration projects in Zambia and Nevada offer potential upside. The technical indicators suggest neutral momentum, but valuation concerns persist due to negative earnings.
To see Spark’s full report on GB:TYM stock, click here.
More about Tertiary Minerals
Tertiary Minerals plc is an AIM-traded mineral exploration and development company focusing on energy transition metals. The company is engaged in discovering and developing copper and precious metal resources in Zambia and Nevada, operating in stable and mining-friendly jurisdictions.
Average Trading Volume: 104,224,668
Technical Sentiment Signal: Hold
Current Market Cap: £2.94M
Find detailed analytics on TYM stock on TipRanks’ Stock Analysis page.